| Category | Details |
|---|---|
| Event | Appointment of S Prakash as CEO, Health Insurance Ecosystem and Strategic Partnerships by the General Insurance Council |
| Effective Date | January 7, 2026 |
| Appointing Body | General Insurance Council (GI Council) |
| About GI Council | Apex industry body representing non-life insurance companies in India. Promotes orderly growth, addresses sectoral challenges, and supports policy initiatives. |
| New CEO's Role | Drive sector-wide initiatives, improve transparency, efficiency, and trust in health insurance value chain. Collaborate with insurers, hospitals, regulators, and stakeholders. |
| Key Focus Areas | Standardization of treatment protocols and care pathways, addressing fraud, waste, and abuse, enabling smoother grievance redressal, and improving coordination between insurers and hospitals. |
| Significance | Marks the industry's shift towards collaborative governance, aims to make health insurance policyholder-centric, reduce friction between insurers and hospitals, and boost confidence in the system. |
| Question | Q. The General Insurance Council primarily represents which segment of the insurance industry? |
| Answer | C. Non-life insurance companies |
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